Issue 19 - Budget 2026 extends 5p fuel duty cut and HGV road tax holiday to July 2027

03 Nov 2026 · 8 stories

Review finds public charging prices up 69% AC and 94% DC since 2021, with reform proposals.

This week's Budget extends the 5p fuel duty cut and HGV road tax holiday to July 2027, alongside permanent higher mileage rates and an extended electricity VAT cut for home charging. Separately, £100m is earmarked to lower residential public charging costs from 2027, while an independent review finds public charging prices up 69% for AC and 94% for DC since 2021. Electric van economics continue to improve, with THRIVE's break-even down 25.8% since July as diesel rises 19.2%.

The issue as it landed on Tuesday morning.

Budget 2026 extends 5p fuel duty cut and HGV road tax holiday to July 2027
THRIVE Fleet Intelligence <hello@thrivefleet.co.uk> to me03 Nov 2026

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